Beginning to Househack

[Account Closed]

Hey BP--- Beginning investor here looking to purchase a multi-family/duplex unit within the next two months. I am planning have most of my mortgage paid by my tenant while socking my addition towards a money market fund as a down payment in a couple more year for another unit! I've been shopping Zillow/Trulia/you-name-it for daily updates on a duplex in a relatively safe neighborhood in the suburbs north of Minneapolis/St.Paul (think Roseville, Shoreview, Como area) but I seem to be having trouble finding decent properties that are not in relatively safe areas. I am wondering, is this a common theme in this area? From what I have seen in my price range (220-270,000 with 4+ bedrooms) it seems to be the case.

[Jordan Moorhead]

@Account Closed you're probably going to have to increase your price range or look in different areas. Columbia heights, robbinsdale, west saint paul, west 7th, etc are all decent and have duplexes in that price range. The areas you're looking in there just generally aren't a lot and they're priced a lot higher than $270k when they are and in livable shape.